Central bankers said they had a long way to go in reining in inflation.
Tight labour markets are still pushing up wages and prices.
Jerome Powell said he still did not think the US would enter a recession.
Sintra, Portugal | The global economy and inflation have so far proved surprisingly resilient to a barrage of interest rate increases, prompting top central bankers to promise more of the same.
Appearing together in Sintra, Portugal, US Federal Reserve chairman Jerome Powell, European Central Bank president Christine Lagarde and Bank of England governor Andrew Bailey all said they had a way to go in reining in too-high inflation.
